What are the advantages for enterprises to recruit fresh graduates?

If small and micro enterprises recruit unemployed college graduates in the graduation year and within 2 years after leaving school, and sign labor contracts with them for more than 1 year and pay social insurance premiums for them, they will be given social security subsidies according to regulations.

Small and micro enterprises that employ college graduates apply for social insurance subsidies and provide copies of basic identity certificates (or graduation certificates), labor contracts and other materials to local social departments. After the audit by the human and social departments, the subsidy funds will be paid to the bank account of the unit.